MICHAEL JONATHAN E - 31 Dec 2022 Form 5 Insider Report for RLI CORP (RLI)

Role
Director
Signature
/s/ Jonathan E. Michael
Issuer symbol
RLI
Transactions as of
31 Dec 2022
Net transactions value
-$1,175,310
Form type
5
Filing time
01 Feb 2023, 13:09:41 UTC
Previous filing
30 Aug 2022
Next filing
01 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RLI Common Stock Gift $1,175,310 -9,000 -1.2% $130.59 716,042 21 Nov 2022 Direct F1
holding RLI Common Stock 268,262 31 Dec 2022 By Empl. Stock Ownership Plan F2
holding RLI Common Stock 61,514 31 Dec 2022 By Trust F1
holding RLI Common Stock 19,485 31 Dec 2022 Jonathan E. Michael Family Trust Number 2 F1
holding RLI Common Stock 152,423 31 Dec 2022 By Key Employee Benefit Plan F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding RLI Stock Option 13,334 31 Dec 2022 Common Stock 13,334 $90.64 Direct F3, F4
holding RLI Stock Option 7,000 31 Dec 2022 Common Stock 7,000 $97.85 Direct F3, F4
holding RLI Stock Option 7,000 31 Dec 2022 Common Stock 7,000 $106.02 Direct F3, F4
holding RLI Stock Option 7,000 31 Dec 2022 Common Stock 7,000 $101.07 Direct F3, F4
holding RLI Stock Option 13,333 31 Dec 2022 Common Stock 13,333 $86.24 Direct F3, F4
holding RLI Stock Option 7,000 31 Dec 2022 Common Stock 7,000 $103.02 Direct F3, F4
holding RLI Stock Option 13,333 31 Dec 2022 Common Stock 13,333 $82.28 Direct F3, F4
holding RLI Stock Option 12,500 31 Dec 2022 Common Stock 12,500 $89.32 Direct F3, F4
holding RLI Stock Option 2,000 31 Dec 2022 Common Stock 2,000 $54.27 Direct F3, F4
holding RLI Stock Option 1,750 31 Dec 2022 Common Stock 1,750 $57.09 Direct F3, F4
holding RLI Stock Option 1,750 31 Dec 2022 Common Stock 1,750 $61.66 Direct F3, F4
holding RLI Stock Option 1,750 31 Dec 2022 Common Stock 1,750 $47.81 Direct F3, F4
holding RLI Stock Option 3,500 31 Dec 2022 Common Stock 3,500 $52.77 Direct F3, F4
holding RLI Stock Option 6,000 31 Dec 2022 Common Stock 6,000 $49.71 Direct F3, F4
holding RLI Stock Option 6,000 31 Dec 2022 Common Stock 6,000 $51.01 Direct F3, F4
holding RLI Stock Option 6,000 31 Dec 2022 Common Stock 6,000 $51.73 Direct F3, F4
holding RLI Stock Option 15,000 31 Dec 2022 Common Stock 15,000 $57.42 Direct F3, F4
holding RLI Stock Option 13,750 31 Dec 2022 Common Stock 13,750 $56.14 Direct F3, F4
holding RLI Stock Option 13,750 31 Dec 2022 Common Stock 13,750 $68.59 Direct F3, F4
holding RLI Stock Option 13,750 31 Dec 2022 Common Stock 13,750 $65.75 Direct F3, F4
holding RLI Stock Option 13,750 31 Dec 2022 Common Stock 13,750 $59.16 Direct F3, F4
holding RLI Stock Option 12,500 31 Dec 2022 Common Stock 12,500 $75.66 Direct F3, F4
holding RLI Stock Option 12,500 31 Dec 2022 Common Stock 12,500 $82.47 Direct F3, F4
holding RLI Stock Option 12,500 31 Dec 2022 Common Stock 12,500 $87.62 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ownership reflects dividend reinvestment
F2 Balance reflects annual company contributions and dividend reinvestment.
F3 Stock option grant price adjusted to reflect $7.00 extraordinary dividend declared 11-10-2022.
F4 Pursuant to option schedule wherein 20% of the aggregate number of shares granted may be exercised commencing one year from grant date and each year thereafter in 20% increments.